Retail
July 12, 2021
Affordable luxury had a great run in China, but some factors have led many to believe that this market is tanking post-COVID-19. Image credit: Coach's Weibo
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","iv":"54a0367de2f83a10199f44583ce31de4","s":"9b586faff9b006fc"}
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